The Jakarta Composite Index (JCI) opened on a negative note in Monday's first trading session, weakening by 0.07 percent to 5,195.12.

Shares in the LQ45 index also went down by 0.02 percent to 886.61 by 9 a.m on the first day of the week, Antara news agency reported.

Valbury Asia Securities head of research Alfiansyah said that a lack of positive sentiment in the domestic market as well as geopolitical tensions in Ukraine burdening economic conditions in Europe have affected global indices, including Indonesia.

"This condition has created fluctuation in the JCI and it has a good chance to continue weakening," Alfiansyah said in Jakarta on Monday, as quoted by Antara.

He said that the JCI might continue to fall since the economy in China, one of the country's main trade partners, was slowing down, while the US economy was improving.

He said that the government had to maintain the country's economic stability, especially the current account and rupiah rate.

"The market players will pay attention to economic systems that have good records," he added.

Separately, the Mandiri Sekuritas analyst team said in a statement that the country's current account deficit during the second semester of this year would be fairly healthy, hovering at around 3.1 percent of the Gross Domestic Product (GDP).

Combined with political stability, the condition would help allow the next Cabinet to carry out structural reforms.

"The JCI will be traded between 5,182 and 5,219 points today," the team said.

In the regional market, Hong Kong's Hang Seng weakened by 0.34 percent to 25,027.63.

Meanwhile, Japan's Nikkei and Singapore's Straits Times strengthened by 0.13 percent and 0.25 percent to 15,559.58 and 3,333, respectively. (nfo)

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